The Fund seeks to provide a combination of long-term capital appreciation with a moderate level of income by investing in equity and fixed income securities, primarily through investment in other collective investment schemes.
The Fund pursues an actively-managed investment strategy whereby the investment manager has discretion over the composition of the Fund’s portfolio holdings and is not managed with reference to a benchmark index. However, as more particularly described below, the investment manager manages the Fund through pre-determined asset allocations to equity and fixed income securities using a combination of underlying collective investment schemes.
The Fund will seek to achieve its investment objective by gaining exposure to a diversified portfolio composed approximately of 60% by value of equity securities and 40% by value of fixed income securities, which will, subject to the requirements of the Central Bank, be obtained predominantly via direct investment in passively managed exchange traded funds (“ETFs”) or other collective investment schemes which track an index (together the “Target Funds”). The portfolio asset allocation may be reconstituted and rebalanced from time to time at the discretion of the investment manager. The Target Funds in which the Fund invests will be UCITS and may include other sub-funds of Vanguard Funds plc.
It is intended that the Fund’s indirect exposures, through its investment in the Target Funds, will be to: (1) shares of companies from developed and emerging markets; and (2) to fixed income securities, such as bonds, denominated in multiple currencies, from both developed and emerging markets issuers (for example, global investment grade debt, including treasury, governmentrelated, corporate and securitised fixed-rate bonds). The Fund’s exposure to the Target Funds is not intended to reflect any geographic or sectoral bias. The Fund will seek to indirectly hedge the non-EUR currency exposure within the fixed income allocation of the Fund’s portfolio to EUR, by investing in EUR hedged share classes of the Target Funds.
The Fund may use derivatives in order to reduce risk or cost and/or generate extra income or growth. The use of derivatives could increase or reduce exposure to underlying assets and result in greater fluctuations of the Fund’s net asset value. A derivative is a financial contract whose value is based on the value of a financial asset (such as a share, bond, or currency) or a market index.
Fund facts
Share class inception
08 Dec 2020
Minimum initial investment
—
Investment structure
Irish UCITS
Share Class Assets'
Total Assets
Strategy
Active
Asset Class
Multi-Asset
Domicile
Ireland
Dividend schedule
—
Currency
EUR
Investment manager
Global Equity Index Management (GE)
Register countries
Guernsey, C.I., Luxembourg, Austria, Germany, Liechtenstein, Spain, Denmark, France, Ireland, Netherlands, Finland, Isle of Man, Norway, Switzerland, United Kingdom, Jersey, C.I., Portugal, Sweden and Italy
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Performance
Portfolio data
ETF broker's basket of securities
As at 20 Feb 2026
Base currency: EUR
Listed currencies: EUR
Name
Quantity
Vanguard EUR Corporate Bond UCITS ETF
112
Vanguard EUR Eurozone Government Bond UCITS ETF
678
Vanguard FTSE All-World UCITS ETF
412
Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF
68
Vanguard FTSE Developed Europe UCITS ETF
162
Vanguard FTSE Developed World UCITS ETF
523
Vanguard FTSE Emerging Markets UCITS ETF
191
Vanguard FTSE Japan UCITS ETF
96
Vanguard FTSE North America UCITS ETF
266
Vanguard Global Aggregate Bond UCITS ETF
2,538
Allocation to underlying Vanguard funds
As at 31 Dec 2025
Percentage
FTSE Developed World UCITS ETF (USD) Accumulating
19.27%
FTSE All-World UCITS ETF (USD) Accumulating
19.24%
Global Aggregate Bond UCITS ETF EUR Hedged Accumulating
19.19%
FTSE North America UCITS ETF (USD) Accumulating
12.68%
USD Treasury Bond UCITS ETF EUR Hedged Accumulating
7.65%
EUR Eurozone Government Bond UCITS ETF (EUR) Accumulating
5.03%
USD Corporate Bond UCITS ETF EUR Hedged Accumulating
FTSE Developed Europe UCITS ETF (EUR) Accumulating
2.91%
EUR Corporate Bond UCITS ETF (EUR) Accumulating
1.83%
FTSE Japan UCITS ETF (USD) Accumulating
1.14%
U.K. Gilt UCITS ETF EUR Hedged Accumulating
0.96%
FTSE Developed Asia Pacific ex Japan UCITS ETF (USD) Accumulating
0.79%
Total allocation percentages shown may not equal 100% due to rounding
Asset allocation
As at 31 Jan 2026
Percentage
Bond
39.94%
Short-term reserves
0.06%
Stock
60.00%
Prices and distribution
Prices
NAV Price (EUR)
€34.90
Change
+€0.070.21%
At closure 20 Feb 2026
Market value (EUR)
€34.93
Change
+€0.090.26%
At closure 20 Feb 2026
NAV 52-week high
€34.83
At closure 20 Feb 2026
Market value 52-week high
€34.93
At closure 20 Feb 2026
NAV 52-week low
€29.05
At closure 20 Feb 2026
Market value 52-week low
€28.72
At closure 20 Feb 2026
NAV 52-week difference
€5.78
Change
+16.58%
At closure 20 Feb 2026
Market value 52-week difference
€6.21
Change
+17.78%
At closure 20 Feb 2026
Outstanding shares
20,267,185
At closure 31 Jan 2026
Historical Prices
-
Inception date
08 Dec 2020
Listing date
18 Feb 2021
Date
NAV (EUR)
Market price (EUR)
20 Feb 2026
€34.9006
€34.9300
19 Feb 2026
€34.8267
€34.8400
18 Feb 2026
€34.7668
€34.9000
17 Feb 2026
€34.6511
€34.6800
16 Feb 2026
€34.5721
€34.6150
13 Feb 2026
€34.5785
€34.6350
12 Feb 2026
€34.5453
€34.6350
11 Feb 2026
€34.7359
€34.7800
10 Feb 2026
€34.6325
€34.7700
09 Feb 2026
€34.5792
€34.6550
Distribution history
Distribution frequency
—
Historical performance
—
All dividends are reinvested for the "Accumulation" shares.
Purchase information
Currencies and stock exchanges
Listed currencies: EUR
Base currency: EUR
Exchanges: Deutsche Boerse, Borsa Italiana S.p.A., NYSE Euronext - Amsterdam
Fund codes
Ticker iNav Bloomberg: IV60AEUR
Bloomberg: V60A NA
Exchange ticker: V60A
ISIN: IE00BMVB5P51
MEX ID: VRAAAO
Reuters: V60A.AS
SEDOL: BN7J5C7
Ticker iNav Bloomberg: IV60AEUR
Bloomberg: V60A NA
Exchange ticker: V60A
ISIN: IE00BMVB5P51
Reuters: V60A.AS
SEDOL: BN7J5C7
Ticker iNav Bloomberg: IV60AEUR
Exchange ticker: VNGA60
Bloomberg: VNGA60 IM
ISIN: IE00BMVB5P51
Reuters: VNGA60.MI
SEDOL: BN2YCJ3
Ticker iNav Bloomberg: IV60AEUR
Bloomberg: V60A GY
Exchange ticker: V60A
ISIN: IE00BMVB5P51
Reuters: V60A.DE
SEDOL: BN2YCK4
The sum of investment management fees (the fees paid to the portfolio manager to invest your money and manage the fund) and administrative and other expenses (which cover all costs and expenses connected with the operation of the fund, which includes administrative fees, shareholder's registration and transfer agency fees, custody fees and all other operating expenses).